Rice Partnership LLC Acquires 45,939 Shares of Arista Networks, Inc. $ANET

Rice Partnership LLC grew its holdings in shares of Arista Networks, Inc. (NYSE:ANET) by 144.9% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 77,653 shares of the technology company’s stock after acquiring an additional 45,939 shares during the quarter. Arista Networks comprises 1.6% of Rice Partnership LLC’s portfolio, making the stock its 19th largest holding. Rice Partnership LLC’s holdings in Arista Networks were worth $11,315,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the stock. Bare Financial Services Inc raised its holdings in Arista Networks by 2,118.2% in the 2nd quarter. Bare Financial Services Inc now owns 244 shares of the technology company’s stock worth $25,000 after purchasing an additional 233 shares in the last quarter. AdvisorNet Financial Inc boosted its stake in shares of Arista Networks by 56.7% during the 3rd quarter. AdvisorNet Financial Inc now owns 199 shares of the technology company’s stock valued at $29,000 after purchasing an additional 72 shares in the last quarter. Richardson Financial Services Inc. increased its position in shares of Arista Networks by 141.3% during the third quarter. Richardson Financial Services Inc. now owns 222 shares of the technology company’s stock valued at $32,000 after buying an additional 130 shares during the period. SJS Investment Consulting Inc. raised its stake in Arista Networks by 979.2% in the third quarter. SJS Investment Consulting Inc. now owns 259 shares of the technology company’s stock worth $38,000 after buying an additional 235 shares in the last quarter. Finally, Solstein Capital LLC lifted its holdings in Arista Networks by 493.8% in the second quarter. Solstein Capital LLC now owns 380 shares of the technology company’s stock worth $39,000 after buying an additional 316 shares during the period. Institutional investors own 82.47% of the company’s stock.

Insider Activity at Arista Networks

In related news, Director Charles H. Giancarlo sold 8,000 shares of the company’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $140.43, for a total value of $1,123,440.00. Following the transaction, the director directly owned 9,784 shares of the company’s stock, valued at approximately $1,373,967.12. This represents a 44.98% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Kenneth Duda sold 32,000 shares of Arista Networks stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $142.44, for a total value of $4,558,080.00. Following the completion of the sale, the insider directly owned 12,976 shares of the company’s stock, valued at approximately $1,848,301.44. The trade was a 71.15% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 194,000 shares of company stock worth $25,566,700. Insiders own 3.39% of the company’s stock.

Key Stories Impacting Arista Networks

Here are the key news stories impacting Arista Networks this week:

• Positive Sentiment: Company raised its 2026 revenue-growth outlook, citing accelerating demand for AI-focused Ethernet switching and share gains in high‑speed data‑center networking — a catalyst for higher future revenue and margins. Arista Ups 2026 Outlook
• Positive Sentiment: Goldman Sachs raised its price target to $188 (from $165) and kept a Buy rating, highlighting Arista as an AI-growth beneficiary — this adds institutional endorsement and can support upside. Goldman Sachs Raises PT
• Positive Sentiment: Multiple outlets and analyst roundups (Zacks, MSN, The Motley Fool, Kalkine) profile Arista as a top long‑term growth / AI infrastructure pick — reinforcing investor narrative that Arista benefits structurally from AI datacenter buildouts. Why Arista is a Top Growth Stock
• Neutral Sentiment: Coverage notes inclusion in analyst “top AI stocks” lists and broader market narratives around Ethernet for AI (Russell 1000 alignment), which supports thematic interest but is not an immediate earnings driver. Growth Aligns With Ethernet AI
• Neutral Sentiment: Erste Group published FY2027 earnings forecasts for Arista — useful for modeling but less likely to move the stock immediately compared with the outlook/upgrade and insider activity. Erste Group Forecasts FY2027
• Negative Sentiment: Recent insider selling was reported and was linked to a share‑price pullback; that kind of activity can increase short‑term downward pressure and trigger profit-taking after a strong run. Insider Selling Reported

Analyst Upgrades and Downgrades

A number of research firms have weighed in on ANET. Needham & Company LLC upped their target price on Arista Networks from $165.00 to $185.00 and gave the stock a “buy” rating in a report on Friday, February 13th. KeyCorp restated an “overweight” rating and set a $178.00 price target (up from $170.00) on shares of Arista Networks in a research report on Friday, February 13th. Erste Group Bank downgraded Arista Networks from a “buy” rating to a “hold” rating in a report on Monday, November 10th. UBS Group set a $200.00 price objective on Arista Networks in a research report on Tuesday. Finally, Wells Fargo & Company upped their target price on shares of Arista Networks from $175.00 to $185.00 and gave the stock an “overweight” rating in a research report on Friday, February 13th. Seventeen analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Arista Networks presently has an average rating of “Moderate Buy” and a consensus target price of $176.88.

Arista Networks Trading Down 4.1%

Arista Networks stock opened at $127.31 on Tuesday. Arista Networks, Inc. has a 12 month low of $59.43 and a 12 month high of $164.94. The company has a market capitalization of $159.97 billion, a price-to-earnings ratio of 46.13, a price-to-earnings-growth ratio of 2.37 and a beta of 1.42. The business’s fifty day simple moving average is $133.93 and its two-hundred day simple moving average is $137.55.

Arista Networks (NYSE:ANET) last issued its quarterly earnings results on Thursday, February 12th. The technology company reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.75 by $0.07. The firm had revenue of $2.49 billion during the quarter, compared to the consensus estimate of $2.38 billion. Arista Networks had a return on equity of 30.37% and a net margin of 38.99%.The company’s revenue was up 28.9% on a year-over-year basis. During the same period last year, the company earned $0.66 earnings per share. On average, equities research analysts predict that Arista Networks, Inc. will post 2.2 EPS for the current year.

Arista Networks Company Profile

Arista Networks, Inc is a technology company that designs and sells cloud networking solutions for large-scale data centers and enterprise environments. The company is best known for its high-performance switching and routing platforms, which are used to build scalable, low-latency networks for cloud service providers, internet companies, financial services, telecommunications, and enterprise IT. Arista’s offerings emphasize programmability, automation and telemetry to support modern, software-driven network architectures.

Central to Arista’s product portfolio is its Extensible Operating System (EOS), a modular network operating system that provides consistent programmability, stateful control and advanced visibility across the company’s hardware platforms.